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South Korea's central bank kept policy interest rates unchanged on Thursday as a resurgence in home prices and a declining currency against the dollar reduced the scope for further easing. The Bank of Korea's seven-member monetary policy board voted to keep its benchmark interest rate unchanged at 2.
Seoul seeks authorization to reprocess spent nuclear fuel, enrich uranium to produce its own nuclear fuel - Anadolu Ajansı
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South Korea holds the interest rate at 2.5%
South Korea maintains its interest rate at 2.5%, a decision some economists expected. The country implemented tougher property rules, including loan restrictions. The Bank of Korea raised its 2025 inflation estimate to 2% from 1.9%.
South Korea's central bank kept policy interest rates unchanged on Thursday, wary of worsening an overheating housing market and a declining currency, but left the door open for another cut, pushing the won down even further against the dollar.
Trump has said he hopes to meet Kim again – possibly in 2025. Read more at straitstimes.com. Read more at straitstimes.com.
From South Korea’s unique culture and customs to its mind-blowing modern innovations—and its first long-distance hiking route—learn how to experience the richness of this extraordinary place.
South Korea has banned travel to parts of Cambodia in response to the killing of a Korean student whose death is linked to a scam centre gang, but rumours that Seoul had deployed troops are baseless.
Thermal recycling has been included in South Korea’s official recycling rate since 1999. Read more at straitstimes.com. Read more at straitstimes.com.
Brian Kemp, the governor of the U. state of Georgia, plans to meet with South Korean business leaders this week, including executives from Hyundai Motor and LG Energy Solution, months after an immigration raid in the state detained hundreds of Korean workers,